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SASC Approves DoD Policy Bill

The Senate Armed Services Committee (SASC) approved last night its version of the fiscal year 2012 defense authorization bill, which changes the Pentagon’s plans for the F-35 Joint Strike Fighter and Medium Extended Air Defense (MEADS) programs. SASC Chairman Carl Levin (D-Mich.) plans to brief reporters on the bill today. He is expected to announce changes to the Pentagon’s plans for Lockheed Martin’s [LMT] F-35. The committee has been critical of over-budget and behind-schedule program. During a May 19 SASC hearing members…

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